Franchise Businesses Market: ZIP 38505
Opportunity Score
32
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38505 is an suburban area with low foot traffic.
Area Profile
904
Population
Suburban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 19.2 —
young market, strong street food demand.
College-Educated: 0.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,010
2BR Fair Market Rent
Tips for Starting a Franchise Business in Tennessee
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Car-Dependent
vs. National Average
Walkability
-2.2 pts vs. national avg
Nearby Markets
38503
0.7 mi
Pop: 0
38501
4.1 mi
Pop: 42,422
$50,923
Walk: 9.4
38506
5.1 mi
Pop: 29,657
$63,051
Walk: 4.8
38544
11.0 mi
Pop: 7,413
$66,801
38545
11.4 mi
Pop: 1,545
$59,375
Walk: 3.8
38580
16.2 mi
Pop: 1,628
$59,207
Walk: 4.8
38562
16.3 mi
Pop: 6,586
$38,325
Walk: 5.4
38564
18.1 mi
Pop: 435
$56,116
Walk: 2.5
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits